US Government Moves $300M Worth of Bitcoin Linked to Silk Road: On-Chain Data

May 7, 2020 at 08:00 UTCUpdated May 7, 2020 at 08:06 UTCCrypto Firms Establish Messaging Standard to Deal With FATF Travel RuleA new messaging standard released today is designed to help cryptocurrency firms comply with anti-money laundering regulations from the Financial Action Task Force (FATF).The standard, called IVMS101, defines a uniform model for data that…

Sep 3, 2020 at 17:15 UTCUpdated Sep 3, 2020 at 17:16 UTCHouse of the Government of the Russian Federation (Aksenov Petr/Shutterstock)Russia’s Latest Draft Bill Would Still Largely Ban Crypto, Stifle MinersThe Russian Ministry of Finance has drawn up a new draft bill that echoes a previous attempt to outlaw cryptocurrency use and, if passed, would…

This episode is sponsored by NYDIG.Last night both BTC and ETH hit new all-time highs. In today’s episode, NLW explores:What on-chain analysis suggests about how this ATH differs from previous onesWhy some are pointing to institutional accumulation as driving the rallyWhat Apple CEO Tim Cook said when he revealed that he holds BTC and ETH“The…

Good morning, Here’s what’s happening this morning:Market moves: Bitcoin soared past $69K before dropping below $65K.Technician’s take: Intraday charts are showing initial signs of upside exhaustion.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.Bitcoin faced a pullback below $65,000 in the past 24 hours, a more than 4%…

Jul 16, 2020 at 15:49 UTCJoseph Lubin, ConsenSys founder, at CoinDesk's Consensus 2019 (CoinDesk archives)An Ethereum-based payments project claims in a new lawsuit that ConsenSys abused its position of trust as an investor to access trade secrets and create a rival offering. BlockCrushr filed a complaint Tuesday alleging ConsenSys misappropriated its intellectual property to create…

news Russian authorities are seeking legal means to confiscate virtual assets such as cryptocurrencies as they already can with more traditional forms of property. In an effort to fight cybercrime, the Ministry of Internal Affairs intends to develop legislation allowing law agencies to force criminals to hand over ill-gotten digital gains and wants proposals on…

Co-founder of Ethereum layer 2 Polygon Jaynti Kanani has said he is stepping back "from the day-to-day grind" of working on the network.Kanani, who founded Polygon in 2017 alongside Sandeep Nailwal and Anurag Arjun, announced his plans in a post on X (formerly Twitter) on Wednesday, saying he "decided to step back" about six months

Jun 19, 2020 at 08:03 UTCKomainu is named after the statues of mythical "lion dogs" that guard the entrances to Japanese Shinto temples. (Shutterstock)Nomura-Backed Crypto Custody Venture Launches After 2 Years in the WorksAfter two years of development, one of Japan’s largest investment banks has finally entered the digital asset custody business through a joint…

Bitcoin (BTC) continues to trade in a tight range, although buyers appear to be holding support above $60,000. Short-term indicators are neutral, although pullbacks could be limited given a series of price breakouts over the past month.If buyers fail to hold $60,000, lower support around the 50-day moving average, currently near $55,000, could stabilize a…